San Antonio Weighs Annexation Plan

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Nathan Koppel San Antonio is moving ahead with plans to annex as much as 66 square miles around it, a land grab that would add as many as 200,000 people to the city and potentially make it the nation's ...

Asian Shares Mostly Up as Crude, Ruble Stabilize

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

Asian stocks were mostly up Monday, with greater stability in crude oil prices and the Russian ruble, and the Federal Reserve's soft indication for a rate increase next year helping improve risk-taking sentiment. Australia's S&P;/ASX 200 was up 1.2% to ...

South Korea Trims 2015 GDP Growth Forecast to 3.8% From 4.0%

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Kwanwoo Jun SEOUL--South Korea's government trimmed its growth forecast for next year but said domestic demand--long a weak spot for the country--would contribute more to economic activity. The 2015 gross domestic product growth forecast was lowered to 3.8% from ...

Walgreen Steers A Global Course

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

(FROM THE WALL STREET JOURNAL 12/22/14) By Paul Ziobro Walgreen Co., the largest U.S. drugstore chain by number of stores, is going to find out if bigger means better. Next week, Walgreen shareholders will vote on whether to complete a ...

Retail trade increased in November

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

Statistical news from Statistics Sweden and HUI Research 2014-12-22 9:30 AM Nr 2014:578 Turnover in Retail Trade, November 2014: Retail trade increased in November The retail trade sales volume increased by 4.5 percent in November compared to the same month ...

Brent Rebounds Back Above $62

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

Crude-oil futures rose in Asian trade Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said. On the New York Mercantile Exchange, light, ...

White House Weighs Options Against North Korea

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

HONOLULU--The White House is considering an array of options for responding to North Korea's alleged hacking of Sony Pictures, including measures that would intensify financial pressure on Pyongyang by targeting banks and trading companies controlled by leader Kim Jong Un ...

Dollar Steady Against Yen in Subdued Holiday Trading

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Alexander Martin The dollar was little changed against the yen during Asian hours Monday amid subdued, holiday-thin trading and a lack of cues. As of 0450 GMT, the greenback was unchanged at Y119.52 from Y119.52 in late New York ...

China's Yuan Can Remain Stable: Central Bank Official

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

BEIJING-China's yuan should be able to remain basically stable despite recent weakness, central bank deputy governor Yi Gang said. Mr. Yi said that China's economic fundamentals were supporting the yuan, which has been holding up relatively well against a strong ...

Impasse Puts Chill on Greek Business

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

ATHENS--Fears that Greece's high-stakes parliamentary vote for a new president could herald a return to economic turmoil have stalled business development and foreign investment, business executives and investors say. If Prime Minister Antonis Samaras and his ruling New Democracy party ...

Canada Wants Refugees to Go West

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Chester Dawson And Paul Vieira Canada is weighing steps to settle refugees in parts of the country with low unemployment levels, signaling the government's effort to use immigration policy to support economic growth--without alienating voters. Canada has one of ...

Ferrovial Abandons A$1 Billion Transfield Bid

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Ross Kelly SYDNEY-- Ferrovial SA abandoned a 1.02 billion Australian dollar (US$830 million) takeover bid for Australia's Transfield Services Ltd., a major setback in the Spanish construction company's plan to compete for billions of dollars of new infrastructure projects ...

Impasse Over Parliamentary Vote Puts Chill on Greek Business

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Alkman Granitsas And Stelios Bouras ATHENS--Fears that Greece's high-stakes parliamentary vote for a new president could herald a return to economic turmoil have stalled business development and foreign investment, business executives and investors say. If Prime Minister Antonis Samaras ...

Malaysia International Reserves $120.7 Billion Dec. 15

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Jason Ng KUALA LUMPUR--Malaysia's international reserves totaled $120.7 billion as of Dec. 15, down 4.0% from two weeks earlier, the central bank said Monday. Malaysia's foreign exchange reserves stood at $125.7 billion as of Nov. 28. The reserves are ...

Australia's Infrastructure Plans Spur Deals

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Ross Kelly SYDNEY--When Australia's Tony Abbott last year promised to become an "infrastructure prime minister"--putting bulldozers on the ground and cranes in the sky--his ambition roused boards in cities from Beijing to New York. Now, following a raft of ...

South Korea Trims 2015 Growth Forecast

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

SEOUL--South Korea's government trimmed its growth forecast for next year but said domestic demand--long a weak spot for the country--would contribute more to economic activity. The 2015 gross domestic product growth forecast was lowered to 3.8% from a July projection ...

South Korea Files Complaint With WTO Against U.S. Steel Tariffs

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By In-Soo Nam SEOUL--The South Korean government said Monday it has filed a complaint with the World Trade Organization, seeking to nullify punitive U.S. tariffs levied on imports of certain Korean steel products. The filing would require both countries to ...

Russian Ruble Firms in Early Trade

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

MOSCOW--The ruble firmed across the board in early trade on Monday as oil prices stabilized before major month-end tax payments in Russia. The ruble gained 4% to 56.2 versus the dollar in the first minutes of trade on the Moscow ...

Oil Prices Rebound, Sending Brent Back Above $62/Barrel

TODAY: Dec. 22, 2014 PUB DATE: Dec. 22, 2014

By Eric Yep Crude-oil futures rose in Asian trade Monday as the excessive drop in oil prices in recent weeks sparked some buying interest and short-covering among investors before the end of the year, traders said. On the New York ...